# Leveraged ETFs furthest below their multiple, 1 year

> NEBX leads leveraged ETFs furthest below their multiple, 1 year at −119.9 pts (difference, one year), as of Oct 27, 2026.

Data as of Oct 27, 2026. Rebuilt every trading night.

As of Oct 27, 2026 . Rebuilt every trading night.

## Leveraged ETFs furthest below their multiple, 1 year

See 15 funds ranked by the fund’s return over one year minus its multiple of the underlying’s move. Updated Oct 27, 2026. A fund can fall over a year in which its underlying rose. That is the daily reset compounding through the moves in between, not an error by the fund.

| # | Ticker | Fund | Says | Underlying asset | Underlying did | Fund returned | Multiple of that move | Difference |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1 | NEBX | Tradr 2X Long NBIS Daily ETF | +2x | NBIS | +35.9% | −48.1% | +71.8% | −119.9 pts |
| 2 | NBIL | GraniteShares 2x Long NBIS Daily ETF | +2x | NBIS | +35.9% | −46.5% | +71.8% | −118.3 pts |
| 3 | SOXL | Direxion Daily Semiconductor Bull 3X | +3x | SOXX | +68.6% | +115.9% | +205.8% | −89.9 pts |
| 4 | AGQ | ProShares Ultra Silver | +2x | SLV | +15.9% | −28.1% | +31.8% | −59.9 pts |
| 5 | RKLX | Defiance Daily Target 2X Long RKLB E | +2x | RKLB | −11.1% | −74.1% | −22.2% | −51.9 pts |
| 6 | TSLQ | Tradr 2X Short TSLA Daily ETF | -2x | TSLA | −9.9% | −27.5% | +19.8% | −47.3 pts |
| 7 | JNUG | Direxion Daily Junior Gold Miners In | +2x | GDXJ | +15.8% | −8.5% | +31.6% | −40.1 pts |
| 8 | PLTU | Direxion Daily PLTR Bull 2X ETF | +2x | PLTR | +5.0% | −29.1% | +10.0% | −39.1 pts |
| 9 | PTIR | GraniteShares 2x Long PLTR Daily ETF | +2x | PLTR | +5.0% | −28.3% | +10.0% | −38.3 pts |
| 10 | SBIT | ProShares UltraShort Bitcoin ETF | -2x | Bitcoin | −29.8% | +22.6% | +59.6% | −37.0 pts |
| 11 | NUGT | Direxion Daily Gold Miners Index Bul | +2x | GDX | +19.8% | +4.6% | +39.6% | −35.0 pts |
| 12 | EDC | Direxion Daily MSCI Emerging Markets | +3x | EEM | +14.4% | +10.3% | +43.2% | −32.9 pts |
| 13 | TECL | Direxion Daily Technology Bull 3X ET | +3x | XLK | +27.4% | +50.6% | +82.2% | −31.6 pts |
| 14 | NVDX | T-REX 2X LONG NVIDIA DAILY TARGET ET | +2x | NVDA | +14.1% | −3.2% | +28.2% | −31.4 pts |
| 15 | TSMX | Direxion Daily TSM Bull 2X ETF | +2x | TSM | +48.0% | +67.5% | +96.0% | −28.5 pts |

### Method

The same method the three month table uses, over four times the days, for funds above $100mn in net assets. A multiple is a target for the daily move and nothing else, so the longer it is held through a volatile underlying the further the fund and that multiple of the move can end up. The list sorts one published number, with no scoring or weighting. Every fund ETFIQ covers in this category is eligible, closed funds included.

### Where to next

### Sources

Links are sources, not endorsements.

A ranking is not a recommendation or an opinion. ETFIQ is an independent publisher, not an adviser. Standards and sources

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Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: ETFIQ, Leveraged ETFs furthest below their multiple, 1 year, ranked by the fund’s return over one year minus its multiple of the underlying’s move, data as of Oct 27, 2026. https://etfiq.com/rankings/leverage-decay-over-a-year
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